Putin meets Rosseti CEO on grid investments and data centers

Rosseti presented its 2025 performance and its 2026 investment plans to President Vladimir Putin.

• Main announcement / action: Andrei Ryumin reported 2025 results and the company’s investment plans: group revenue exceeded 1.8 trillion rubles, net profit in 2025 exceeded 200 billion rubles (profit less impairment nearly 300 billion rubles), and the 2025 investment programme was estimated at 725 billion rubles, with the 2026 programme provisionally planned at approximately 900 billion rubles. He also reported 35,000 kilometres of transmission lines built in 2025 and 15,000 MVA of transformer capacity commissioned.
• Background and additional details: Ryumin highlighted growing demand from data processing centers (already connected 2 gigawatts, planning to connect more than 3 gigawatts in the near future), use of domestic equipment / import substitution, augmentation of the repair programme (exceeding 135 billion rubles this year), and attention to regions facing rapid electricity consumption growth and climatic / hazardous events (Murmansk, Daghestan).
  • Date: April 14, 2026
  • Time: 13:30
  • Location: The Kremlin, Moscow
  • Agenda / subject: Working meeting on Rosseti’s 2025 performance, investment programme, grid reliability, data-center connections, repair and emergency preparedness, and social / HR initiatives.